£683,186
This estimated value is based upon the latest sale price for the house of £490,000 on 11 Dec 2015. This value is then adjusted by the current Official House Price Index for MILTON KEYNES 1
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Sovereign Court, 213 Witan Gate, Milton Keynes, MK9 2HP
Phone: 01908951195
Price Paid | Date |
---|---|
£490,000 | 11 Dec 2015 |
£330,000 | 19 Dec 2003 |
Detached |
Freehold |
This model uses changes in the Official Land Registry House Price Index for MILTON KEYNES to estimate the market value.
When this house was purchased in December 2015 the House Price Index for MILTON KEYNES was 107.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 39.426%.Applying this 39.426% change to the original purchase price of £490,000 results in an estimated price of approximately £683,186.
11 Dec 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
107.4 | 149.7 | 39.426 % | £490,000 | £193,186 | £683,186 |
The Postcode Pricing Model uses changes in average sales price within the MK5 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | 282.463 % | £1,384,068 | £1,874,068 |
3 Month Average | 35.883 % | £175,828 | £665,828 |
6 Month Average | 26.975 % | £132,176 | £622,176 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Mar 2024 | £1,005,448 | £990,000 | 69 REDLAND DRIVE |
30 Nov 2023 | £551,499 | £537,500 | 28 FOXLEY PLACE |
24 Aug 2023 | £463,357 | £455,000 | 13 FARNELL COURT |
12 Jun 2023 | £887,791 | £870,000 | 84 REDLAND DRIVE |
31 Mar 2023 | £966,135 | £950,000 | 6 HUGH PARKE CLOSE |
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Foxley Place |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Foxley Place |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Foxley Place |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hugh Park Close |